house renting and morgages - advice needed

Discussion in 'Bulletin Board ARCHIVE' started by Guest, Sep 17, 2005.

  1. Gue

    Guest Guest

    Renting house out and need a bit of advice about the morgage situation from anybody in the same position..
    Made the foolish mustake of imforming morgage company I may be renting my house out...didn't realise they would hike the morgage by 1% because of this!!
    Now they keep writing asking me what am I doing...and if I do let it and don't inform them I'm breaking my morgage agreement etc etc....
    Got a tenant all ready to mover in soon...
    Do I tell 'em or not???

    Advice appreciated......cheers
     

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